Canopy Growth Corporation (TSX: WEED)

Canada flag Canada · Delayed Price · Currency is CAD
5.27
-0.09 (-1.68%)
Nov 20, 2024, 3:59 PM EST
-31.56%
Market Cap 555.25M
Revenue (ttm) 280.50M
Net Income (ttm) -564.57M
Shares Out 105.36M
EPS (ttm) -6.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 770,971
Open 5.40
Previous Close 5.36
Day's Range 5.25 - 5.40
52-Week Range 3.74 - 20.50
Beta 1.79
Analysts n/a
Price Target n/a
Earnings Date Nov 12, 2024

About Canopy Growth

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products und... [Read more]

Sector Healthcare
Founded 2009
Employees 1,029
Stock Exchange Toronto Stock Exchange
Ticker Symbol WEED
Full Company Profile

Financial Performance

In 2023, Canopy Growth's revenue was 297.15 million, a decrease of -10.83% compared to the previous year's 333.25 million. Losses were -657.27 million, -79.95% less than in 2022.

Financial Statements

News

The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan

Canopy Growth Corporation ‘s (NASDAQ: CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates . CEO David Klein and CFO Judy H...

13 hours ago - Benzinga

The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan

Canopy Growth Corporation‘s CGC strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates . CEO David Klein and CFO Judy Hong provided...

13 hours ago - Benzinga

Canopy Growth, Aurora And Another Cannabis Giant Unveil Product Innovations, Here's What's New

Several major players in the cannabis industry are expanding their product offerings in Canada and the U.S. through new partnerships and innovative product launches. Canopy Growth Canopy Growth Corpor...

15 hours ago - Benzinga

Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada

Canopy Growth brings the best of California's award winning Claybourne Pre-Roll Joint brand to adult-use consumers across Canada with the launch of 'Frosted Flyers' SMITHS FALLS, ON , Nov. 20, 2024 /P...

23 hours ago - PRNewsWire

The Top Canadian Cannabis Stocks for November 2024 Growth

The cannabis industry continues to gain momentum in North America, with Canadian cannabis companies at the forefront of global expansion. As of 2023, the U.S. cannabis industry is projected to surpass...

1 day ago - MarijuanaStocks

Canopy Growth Acquisition Target Acreage Reports 30% YoY Decline In Q3, Record Cannabis Wholesale Revenue In NY

Vertically integrated cannabis operator Acreage Holdings, Inc. (CSE: ACRG , ACRG.B.U)) (OTCQX: ACRHF , ACRDF)) reported its financial results Thursday for the third quarter ended Sept. 30, 2024. "In t...

5 days ago - Benzinga

Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely

If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.

6 days ago - Market Watch

Canopy Growth (CGC) Stock Dives Amid Financial Struggles and Industry Trends

Canopy Growth (CGC) Stock Dives Amid Financial Struggles and Industry Trends

7 days ago - GuruFocus

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.

8 days ago - Market Watch

Canopy Growth (CGC) Q2 2025 Earnings Call Transcript

CGC earnings call for the period ending September 30, 2024.

12 days ago - The Motley Fool

Canopy Growth sees positive earnings ahead thanks to cost savings

Canopy Growth (CGC) stock will be on watch after its Q2 FY25 results as company projects positive adjusted EBITDA despite revenue decline. Read more here.

12 days ago - Seeking Alpha

Canopy Growth Corp Q2 FY2025 Earnings: EPS Miss, Revenue Surpasses Estimates at $63 Million

Canopy Growth Corp Q2 FY2025 Earnings: EPS Miss, Revenue Surpasses Estimates at $63 Million

12 days ago - GuruFocus

Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results

Storz & Bickel net revenue increased 32% year-over-year in Q2 FY2025 Continued growth across medical cannabis businesses, with net revenue increasing year-over-year by 16% in Canada and 12% in interna...

13 days ago - PRNewsWire

Canopy Growth (CGC) Stock Surges 5.2% Amid Industry Movement

Canopy Growth (CGC) Stock Surges 5.2% Amid Industry Movement

13 days ago - GuruFocus

Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization

Amendment 3 – which would have legalized the recreational use of marijuana in the state's constitution – failed to receive the 60% support needed to pass under Florida law.

13 days ago - New York Post

Canopy Growth Q2 Earnings Preview: Revenue fall expected

Canopy Growth (CGC) Q2 earnings preview: Analysts expecting a loss of $0.24/share on revenue of $47.9M.

13 days ago - Seeking Alpha

OSC tribunal tosses out illegal short-selling case against Cormark Securities

Watchdog failed to prove allegations that involved shares of cannabis company Canopy Growth

13 days ago - Financial Post

Canopy Growth's Earnings Outlook

Canopy Growth (NASDAQ: CGC) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement. Analysts estimate that Canopy Growth...

13 days ago - Benzinga

Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.

14 days ago - Benzinga

Cannabis Stocks Plummet After Legalization Bid Fails in Florida

Shares of cannabis companies fell Wednesday after a ballot measure that would have legalized recreational marijuana in Florida failed to pass.

14 days ago - Investopedia

Canopy Growth And Other Top Cannabis Companies To Report Earnings: Will Results Get Pot Stocks On Track Following Post-Election Dip?

U.S.-focused cannabis stocks and ETFs may have taken a dip in pre-market trading on Wednesday in response to 2024 U.S. election outcomes . However, with earnings season gearing up it remains to be see...

14 days ago - Benzinga

Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.

14 days ago - Market Watch

Top Canadian Cannabis Stocks to Track as U.S. Legalization Heats Up

As the election approaches, Canadian cannabis stocks are capturing attention, especially with potential U.S. legalization developments on the horizon. The U.S. cannabis industry is booming, with proje...

15 days ago - MarijuanaStocks